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Andrew Kang: New funds will buy a large number of SOL tokens on the chain, and mainstream influencers will enter the meme currency field

Andrew Kang: New funds will buy a large number of SOL tokens on the chain, and mainstream influencers will enter the meme currency field

2024/03/08 04:12

Andrew Kang, co-founder and partner of crypto venture capital firm Mechanism Capital, wrote that the market is in the most interesting part of the meme currency parabola. They have confirmed enough momentum to attract 100 times the attention, but the biggest mainstream Influencers and celebrities haven’t arrived yet. They could arrive as soon as the next few days and weeks. Meme coins 2.0 or culture coins will emerge, targeting specific audiences/ideologies/groups of people. Every celebrity/influencer will have their favorite collab tokens, and it will mostly be tokens that are not on CEX, which means new dollars will appear on the chain to buy a lot of SOL's tokens, just like it was during the ETH and NFT season Same.

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